Stocks Swing Back Into the Green, Treasuries Rise: Markets Wrap
US stocks erased losses amid gains in megacaps as investors parsed through the latest corporate results.
The S&P 500 rose, after falling as much as 0.4%. The tech-heavy Nasdaq 100 extended gains as megacaps Amazon.com Inc. and Microsoft Corp. rose. Netflix Inc. jumped after it reported better-than-feared earnings, results that helped underpin gains in streaming peers Walt Disney Co and Paramount Global.